Is it possible to earn money online selling e-books, or even getting rich doing so? No one can guarantee you will become a millionaire by selling e-books online, but it is fully possible to earn a very nice income.Some people have a home business and work from home selling ebooks from their website.
Ebooks are electronic versions of printed material that can contain text, sound, and images. A new trend are the audio books.The profit potential from selling them is high because start up and operating expenses are very low.The biggest expense is purchasing books for sale, you can earn even more money if you write some of your own e-books.
Your writing skills don’t have to be stellar. There are online sources that will take your research and craft an e-book for you. Some of these companies even take care of marketing, payments, and shipping.
Buying e-books for Sale
You can purchase e-books from authors online.eBay is another source for e-book buying. Purchase e-books with resell rights.This allows customers to sell the e-books they buy from you themselves thus providing an incentive for them to do business with you.Make sure the e-books you buy (or write yourself) are full of useful information and resources.
Some e-books are nothing more than ads and sales pitches for the writer’s products. These “ad books” will turn off customers and decrease repeat business, and also ruin your reputation. People are looking for quality information, so do your research to determine what types of information people are seeking.
Before buying an e-book for resale, do an online search for the title.If lots of web sites are selling the book, it’s probably a popular title and will be a good seller.It also helps to sell e-books that cater to a specific market niche.Search online forums and other group sites to locate potential target markets for niche titles.Contact these groups with a short email inviting them to visit your site. Offer an incentive such as 20% off first purchase to increase site traffic.
E-books about current trends or hot topics will generate more income. Your income will really get a boost if you can spot the “next big topic” and write or purchase e-books to sell before the competition saturates the market.
Marketing Extras
You can use a common template for your e-books web site or sell them on an existing site you already have. However, to stand out from the competition, create you own web site to sell e-books. Always add new titles to your stock to keep old customers coming back and to attract new ones. Use email to notify customers of new titles and special sales. Offer discounts on slow moving titles.
Affiliate programs are another way to get rich selling e-books. The affiliate pays you a commission for of its e-books you sell. To earn extra cash from ebooks you write, start your own affiliate program, or join an affiliate program that does all the “paperwork” for you.
There are plenty of online and print books that will help you learn how to get in on the e-book sales bandwagon. A good place to begin is to join Clickbank.com (free of charge) where you will find a lot of ebooks and other digital products you can sell and earn commissions from.
{ 30 comments… read them below or add one }
Have you had any luck selling ebooks?
I am thinking of it being one of things I look into doing, very soon.
Hi Forrest! Selling ebooks should be one of the many income streams you have.I see you are blogging, so the easiest way to sell ebooks would be right from your blog.I have got a few sales, but this is something I have just started with.
-Tom
I can’t tell you how much I have spent on eBooks and even though I have made a few requests for a refund for the most part it’s been money well spent. More of an investment in my blogging future.
I do sell ebooks on my hobby blogs. I like using ClickBank for this as they make it easy. I don’t care for their marketplace interface so I purchase CB Engine, it’s so much easier and more detailed at the same time.
I will eventually write a couple of ebooks that fit my hobby blogs but for now I keep myself pretty busy. After all I must leave myself enough time to enjoy my hobbies and the money they make me.
Selling ebooks can be a very lucrative business online. I think that the easiest way to make money selling ebooks, or to get you started, at least, is to actually sell them on eBay. There’s a great ebook you can read that teaches you how to automate the entire process called eBay Imperium. Great book, very organized and written by a powerseller himself.
@ James
Thanks for commenting. Clickbank is the best medium for selling ebooks.No need to worry about anything, just collect your check when you make sales.
@ Real Auction Income
Hi! There are many good ebooks online that I would need to read,just not enough time.Any suggestions where to start
Nice articles you got here, very usefull for every one who need some tips or references. Ishould put some of your articles on my website. Maybe we can share our articles someday. Let me know if i can share my article here. You can reach me at http://www.tipscollections.com. Thanks
Hi Taufik! You are welcome to write an article, I will post it on my blog.
Very sincere advice. Thanks.
Very balanced article. Ebooks are a great resource for consumers and a great product for online business people. I have created and sold a number of them myself with good success.
One update to what you’ve written. Ebay ended the ability to auction digital download products which has had a profound impact on the way people sell on that site.
If you want to sell a digital download you need to create an eBay Classified ad. Otherwise, you’ll need to burn the ebook to a disc and sell the physical product instead and ship it out.
Andrew Seltz – Ebook Marketing Secretss last blog post..Free Download: One Into A Million E-Book
Hi Andrew, thanks for stopping by.Thanks for the update, everything changes so fast
I have heard about news of being able to create your own e-book for free online. The idea has crossed my mind several times because, I am the kinda girl who loves to blog and keep a diary. E-books can definitely be profitable but, only if you have good content and stuff that your readers are interested in. I am still asking myself who would read the ramblings of a talented WAHM who tries to make some extra money online. I think that my strongest talent is web design or graphics but that will not make a great e-book. What do you think would be a suitable e-book idea for a SAHM ?
Now the new craze of selling through classifieds has taken off with ebay banning ebooks.
I think e-books are an excellent way to make some extra money but its not as simple as creating a small website throwing up your book and expecting millions. You have to be able to market it correctly do some search engine optimization and make sure that the sales page actually addresses the issues of the user.
Selling books could be one of the great methods on earning money online but its not on my priority list as of now as I’m not ready yet to start… thanks anyway for sharing this great article. I will try this soon…
Nice article Tom. I’ve seen a number of my fellow bloggers do very well from selling their own ebooks. I’m focused on audio books at the moment, but in the future I plan to produce and sell an ebook.
Hi, I like this concept. I visited your blog first time and just been your fan. It is quite interesting and useful . Would you like to give me detail information how to start this process.
Thanks for a wonderful post.
Clickbank is the perfect affiliate payment tool. I agree with the article above, however it is not ideal if you are looking for affiliates. There are better ways to find affiliates, most affiliates on clickbank are savvy and will push your new good niche idea till they are making lots of sales then simply whip up their own sales page and product. I never list my new products on clickbank marketplace, I have too many niches that have been infultrated this way.
Ebooks have become a very easy way to make money with getting products. These days one can easily create his own ebooks with easy online tools and even publish it at very great sites. But one don’t really need to make his own ebook if he don’t want to. With Resell Rights and Master Resell Rights it’s so easy to start making money immediately. The other advantage off course in selling ebooks is that you always get your own money into your Alertpay account or Paypal accounts.
Hi Jason , you are right.It is easy to create an ebook but it must be full of useful information, not just another marketing pitch.
PLR ebooks are available on nearly every topic under the sun, and each one of them comes with its individual license agreement. They are beneficial to business people both as a source of information and as a product that can be marketed in different ways. However, due to the often sloppy presentation and packaging of the content, their true value is often underestimated by most people seeking to make money through the Internet.
You know I have really thought about getting into selling e-books. I have done quite a bit of selling online and understand the fundamentals. I think e-books would be a great addition to my online business thanks for the tips.
I have recently written my own ebook and I’m still crafting ways on how to sell it. Boy, its not easy.
Thanks for this really interesting post, I put together an ebook sometime ago and tried to sell it from my blog, but this just did not seem to work, not enough people coming to my blog is the biggest problem. I then listed it for sale on ebay, but as I sell other items there I ended up removing it as I did not want ebay to block my account. And I was reading that people very often beleive that you are running some scam if you are selling ebooks on ebay. After that I joined up with other site including amazon.com that allow self published ebooks to be sold. This worked out really well, joined a few other sites as well such as ebid.net and cqout and today i joined alibie.com as they are now allowing the sale of ebooks.
I am not getting rich, but I have sold a few copies of it and had some really nice feedback.
David
I think selling e-books online is a potentially decent way to earn some money while working from home. In fact, I know of people who are so successful with their online businesses that they quit from their full time job and pursue a part time career with their websites!
Can you recommend a company that can take my research and create an ebook? Also thanks for your tips on this topic, most valuable
Hi Danny, thanks for stopping by! You can outsource almost anything these days online and often for a very reasonable price.Have you checked out a site called Fiverr.com? Here´s a short review I made some time ago. http://www.tlmarketing.net/outsource-your-marketing-tasks-with-fiverr-com/
Selling e-books is undoubtedly a good and easy way of making money online. However, it needs to be informative and proofred so buyers will get their money’d worth. I have checked out Fiverr and I like it. People should check this out too:
I have tried selling ebook from a company client and it was quite hard before because ebook was just introduce to the market that time. I think now ebook sells great because people already knew the benefit they can get out of there.
You can certainly make money online by selling ebooks but this ebook should be something that will give value to the ones who will buy it and not something that anyone can find in a few minutes by just searching on google, the next step is to have a professional looking sales page that will make visitors think that they need to buy this ebook.
I personally believe that the best way to make money online is by selling ebooks. Out of any products on the internet ebooks offer the highest commissions. If you go to clickbank you will notice they offer the highest commission rates out of any company online. The commissions could reach over 70%. What that means is the person whose book you are selling will make only 30% of the value of the book and you will make 70%! It is not an easy job to become an affiliate marketer but if you put in enough time and effort you can be successful. Some affiliate marketers on the internet do make millions online but the majority make a lot less. You can be successful you just need to be willing to put in the time and effort.
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